INTRADAY TIPS FOR OCTOBER 29-10-2012 MONDAY

SCRIP

ACTION

TRIGGER

TARGET 1

TARGET 2

STOPLOS

ALLCARGO

BUY

131.50

133.25

136.00

130.00

IDFC

BUY

157.00

158.50

160.60

155.50

Thursday, March 1, 2012

NIFTY LEVELS & INTRADAY TREND ANALYSIS FOR MARCH 1 - THURSDAY

 Nifty opened on a bull note but dragged away from highs to close slightly up at 5385. So today the first resistance for nifty is at 5410-15 level. Next resistance ranges are at 5447-52,5468-73,5490-94,5505-10,5540-45,5583-87,5623-29,5645-50,5690-95,5718-23,5738-43 levels. On downside first support is at 5358-53 level. Next supports are at 5325-20,5281-77,5266-62,5217-14,5178-73,5136-31,5104-99,5078-72 level.The nifty opened today on a bull note but all the gains have erased So today if nifty is below 5350 be alert and below 5320 trend will become bear and on upside a move above 5452 is required for the trend to become stronger.

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